Streetwise

Next Stop, Nasdaq 5000

The Nasdaq, which peaked 14 years ago, could revisit its old high sooner than many investors think.

Anniversaries come and anniversaries go, but some are accorded more importance than others. Married one year? The traditional gift is paper. Married 50? It's your golden year.

On Wall Street, the anniversaries to note now are wood, for No. 5, and ivory, for No. 14. That's because stocks just marked both milestones. The fifth anniversary of the March 9, 2009, financial-crisis closing low on the Standard & Poor's 500 index has gotten all the attention, but one of these days, the focus will return to the 14th. That...